Home › Forums › Financial Markets/Economics › Real Median Household Income by Race – 2008
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September 6, 2010 at 7:12 AM #17916September 6, 2010 at 1:43 PM #601178EugeneParticipant
There are some substantial variations within groups, too. Jewish people tend to have high incomes (but you won’t see that in census data, because the census bureau does not recognize “Jewish” as a distinct ancestry). People of Russian ancestry have twice the per capita income of all Americans.
The apparent higher Asian median household income is an artifact of Asians’ higher household sizes (as of last census, 3.27 people/household vs. 2.67 for all Americans), and partly a consequence of the fact that there are much fewer Asians over 70 in this country. In terms of per capita income, Filipinos, Vietnamese and Koreans are actually below average, but numbers are pulled up by the Indians and the Japanese.
September 6, 2010 at 1:43 PM #602240EugeneParticipantThere are some substantial variations within groups, too. Jewish people tend to have high incomes (but you won’t see that in census data, because the census bureau does not recognize “Jewish” as a distinct ancestry). People of Russian ancestry have twice the per capita income of all Americans.
The apparent higher Asian median household income is an artifact of Asians’ higher household sizes (as of last census, 3.27 people/household vs. 2.67 for all Americans), and partly a consequence of the fact that there are much fewer Asians over 70 in this country. In terms of per capita income, Filipinos, Vietnamese and Koreans are actually below average, but numbers are pulled up by the Indians and the Japanese.
September 6, 2010 at 1:43 PM #601269EugeneParticipantThere are some substantial variations within groups, too. Jewish people tend to have high incomes (but you won’t see that in census data, because the census bureau does not recognize “Jewish” as a distinct ancestry). People of Russian ancestry have twice the per capita income of all Americans.
The apparent higher Asian median household income is an artifact of Asians’ higher household sizes (as of last census, 3.27 people/household vs. 2.67 for all Americans), and partly a consequence of the fact that there are much fewer Asians over 70 in this country. In terms of per capita income, Filipinos, Vietnamese and Koreans are actually below average, but numbers are pulled up by the Indians and the Japanese.
September 6, 2010 at 1:43 PM #601922EugeneParticipantThere are some substantial variations within groups, too. Jewish people tend to have high incomes (but you won’t see that in census data, because the census bureau does not recognize “Jewish” as a distinct ancestry). People of Russian ancestry have twice the per capita income of all Americans.
The apparent higher Asian median household income is an artifact of Asians’ higher household sizes (as of last census, 3.27 people/household vs. 2.67 for all Americans), and partly a consequence of the fact that there are much fewer Asians over 70 in this country. In terms of per capita income, Filipinos, Vietnamese and Koreans are actually below average, but numbers are pulled up by the Indians and the Japanese.
September 6, 2010 at 1:43 PM #601816EugeneParticipantThere are some substantial variations within groups, too. Jewish people tend to have high incomes (but you won’t see that in census data, because the census bureau does not recognize “Jewish” as a distinct ancestry). People of Russian ancestry have twice the per capita income of all Americans.
The apparent higher Asian median household income is an artifact of Asians’ higher household sizes (as of last census, 3.27 people/household vs. 2.67 for all Americans), and partly a consequence of the fact that there are much fewer Asians over 70 in this country. In terms of per capita income, Filipinos, Vietnamese and Koreans are actually below average, but numbers are pulled up by the Indians and the Japanese.
September 6, 2010 at 1:50 PM #601937njtosdParticipantThe data that you point to about Russians is from the mid 90s, shortly after the fall of the Berlin Wall. Do you think it continues, now that it’s easier for average Russians to emigrate?
September 6, 2010 at 1:50 PM #602255njtosdParticipantThe data that you point to about Russians is from the mid 90s, shortly after the fall of the Berlin Wall. Do you think it continues, now that it’s easier for average Russians to emigrate?
September 6, 2010 at 1:50 PM #601831njtosdParticipantThe data that you point to about Russians is from the mid 90s, shortly after the fall of the Berlin Wall. Do you think it continues, now that it’s easier for average Russians to emigrate?
September 6, 2010 at 1:50 PM #601193njtosdParticipantThe data that you point to about Russians is from the mid 90s, shortly after the fall of the Berlin Wall. Do you think it continues, now that it’s easier for average Russians to emigrate?
September 6, 2010 at 1:50 PM #601284njtosdParticipantThe data that you point to about Russians is from the mid 90s, shortly after the fall of the Berlin Wall. Do you think it continues, now that it’s easier for average Russians to emigrate?
September 6, 2010 at 5:44 PM #601258EugeneParticipant[quote=njtosd]The data that you point to about Russians is from the mid 90s, shortly after the fall of the Berlin Wall. Do you think it continues, now that it’s easier for average Russians to emigrate?[/quote]
It’s from the 2000 census, after the big immigration wave of the 1990’s.
Notice that only 16% of “people of Russian ancestry” in that table are foreign born. Most are probably the descendants of people who came here before WWII. Levels of immigration since 2000 aren’t significant enough to change the overall picture.
September 6, 2010 at 5:44 PM #602320EugeneParticipant[quote=njtosd]The data that you point to about Russians is from the mid 90s, shortly after the fall of the Berlin Wall. Do you think it continues, now that it’s easier for average Russians to emigrate?[/quote]
It’s from the 2000 census, after the big immigration wave of the 1990’s.
Notice that only 16% of “people of Russian ancestry” in that table are foreign born. Most are probably the descendants of people who came here before WWII. Levels of immigration since 2000 aren’t significant enough to change the overall picture.
September 6, 2010 at 5:44 PM #602002EugeneParticipant[quote=njtosd]The data that you point to about Russians is from the mid 90s, shortly after the fall of the Berlin Wall. Do you think it continues, now that it’s easier for average Russians to emigrate?[/quote]
It’s from the 2000 census, after the big immigration wave of the 1990’s.
Notice that only 16% of “people of Russian ancestry” in that table are foreign born. Most are probably the descendants of people who came here before WWII. Levels of immigration since 2000 aren’t significant enough to change the overall picture.
September 6, 2010 at 5:44 PM #601349EugeneParticipant[quote=njtosd]The data that you point to about Russians is from the mid 90s, shortly after the fall of the Berlin Wall. Do you think it continues, now that it’s easier for average Russians to emigrate?[/quote]
It’s from the 2000 census, after the big immigration wave of the 1990’s.
Notice that only 16% of “people of Russian ancestry” in that table are foreign born. Most are probably the descendants of people who came here before WWII. Levels of immigration since 2000 aren’t significant enough to change the overall picture.
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